Canadian pension manager PSP just sold nearly 20 million shares of quantum-computing firm D-Wave. It plans to sell another 20 million.

D-Wave Quantum Inc. partners with Carahsoft to distribute quantum computing solutions to Public Sector via reseller network and procurement contracts.

Recent financial results reveal the early-stage nature of D-Wave's business model. The company's core quantum computing service revenue grew 41% year over year in Q3 2024, highlighting the increasing adoption of its platform. However, total revenue declined 27% to $1.9 million due to timing variations in professional services contracts.

Quantum stocks rallied Wednesday, a day after Microsoft called 2025 "the year to become quantum-ready," mitigating a string of recent losses spurred by high-profile bearish comments on the sector.

Rigetti Computing and D-Wave Quantum, the second- and fourth-biggest gainers in the Russell 3000 Index on Tuesday, were up 22% and 24%, respectively. Peers Quantum Computing and I

Quantum Computing is a Real Thing according to Microsoft’s comments this morning. Shares of D-Wave Quantum Inc , Rigetti Computing and IonQ Corporation are

Quantum computing stocks rallied Wednesday, spurred by a directive from Microsoft urging businesses to get "quantum-ready" in 2025, and as investors returned to "risk on" trades after December core inflation came in weaker than forecast.

Microsoft edged its way into the quantum computing conversation Tuesday by proclaiming that 2025 would be the year for its business customers to become “quantum-ready” by preparing their organizations for the eventual technological leap.